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Villoria, Nelson; Lee, David R.. |
The Andean Community's Price Band System (APBS), introduced in 1995, had the announced goal of reducing domestic price instability by buffering fluctuations in international prices through use of a variable import tariff. This paper evaluates the effects of the Andean Price Band System on domestic producer price variability, levels of nominal protection and changes in producer welfare. Application is made to four important food products - maize, rice, sugar and milk - in Colombia, Ecuador and Venezuela, from the period 1990 to 1998. The effects of the APBS on producer price variability are analyzed through 1) comparing coefficients of variation of detrended, monthly deseasonalized real prices before and after the harmonization of the APBS in 1995, and 2)... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Andean Community; Price band system; Agricultural prices; Price stabilization; Demand and Price Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/19751 |
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Villoria, Nelson. |
This paper explores the impacts of China's growth in the international markets of agricultural products. These impacts are important because they are related to two different ongoing discussions about the role of China in the world economy. One of these discussions have to do with China as a source of price inflation while the other has to do with China as an engine of growth for developing countries, in this case, through increased export opportunities. Our results suggest that China has been a source of aggregated mild price inflation in the largest developed economies that occupy the first ranks as food importers. This is probably related to a more intense pressure on world food supplies. When we look at the counterfactual exports of selected exporters,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Gravity; China; Food prices; International Development; International Relations/Trade. |
Ano: 2009 |
URL: http://purl.umn.edu/49398 |
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